Markets & Investing
Elite UK REIT to raise $5.8m via private placement
Elite UK REIT to raise $5.8m via private placement
This is to acquire three freehold properties located in the United Kingdom.
SGX securities market turnover up 1% YoY to $26.9b in May
SDAV rose 6% YoY to $1.3b.
Relaxed rules could spur cross-listing on SGX
There may be greater interest from Chinese companies.
Keppel DC REIT to join STI on 23 June
Unitholders since its IPO will receive 295.3% returns.
Temasek taps Teo Chee Hean as deputy chairman
He will assume chairmanship on 9 October.
Keppel nets $80m through stake divestments in New York and China
The divestments are part of its asset monetisation programme.
SIAS slams Great Eastern on outcome of previous delisting offer
Great Eastern received a new voluntary delisting offer of $30.15 per share.
Fund inflows jump 167% to $7.6b in 2024: report
For the fourth quarter of 2024 alone, net inflows totalled $1.72b.
SIAS urges shareholders to await IFA opinion on Singapore Paincare offer
Shareholders may gain less if they sell before the IFA’s advice.
Alpina Holdings in private talks over possible share deal
Shareholders are advised to exercise caution when dealing in the shares.
Sasseur REIT taps Cheng Hsing Yuen as new COO
His appointment took effect on 3 June.
Stoneweg EREIT to trade European Stapled Trust on 16 June
Stoneweg European REIT units will cease to trade on the SGX-ST on Friday, 13 June 2025.
CapitaLand Malaysia Trust to raise $75.9m
The company said it plans to use the proceeds primarily to repay existing bank borrowings.
UOB Kay Hian maintains positive view on S-REITs amidst stability
With the 10-year Singapore government bond yield at 2.4% and the 3-month compounded SORA at 2.3%.
Startup funding drops 73% to $115m in May
Startups raised $115m in May, down from $429m in April.
Grand Venture halts Bursa plans amid talks on possible share offer
The company said there is no certainty if the discussions will progress.
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